- monday shares saw their valuation shredded in the wake of what was construed as disappointing guidance in their last quarterly report.
- monday's guidance is typical of that of many companies these days: revenue growth is less than might be reasonably anticipated, while OpEx growth is elevated.
- monday is one of the leaders in the workflow management space.
- The workflow management space is enjoying growth rates above 30%.
- The company, despite its relatively recent vintage, has achieved positive free cash flow the last two quarters as billings have been rising faster than revenues and operating costs.
For further details see:
monday.com: The Share Price Implosion Presents An Opportunity